Relationshop Merges Mercatus Technologies and Stor.ai to Create Mercatus
January 9, 2024
Relationshop has finalized a merger combining Toronto-based Mercatus Technologies and Tel Aviv-based Stor.ai into a single company called Mercatus, which will operate as a wholly owned subsidiary of Relationshop. The combined business unifies Mercatus’ enterprise grocery eCommerce platform with Relationshop’s data-driven shopper engagement and personalization capabilities to deliver an integrated connected-commerce solution for regional grocers and independents globally.
- Buyers
- Relationshop
- Targets
- Mercatus Technologies, Stor.ai
- Industry
- E-Commerce
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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